Strong US macro indicators boost equity returns

Macro-economy
April 2, 2021

US bond yields weakened on Thursday as US employment data showed signs of a cooling US labour market. US 10Y treasury yields touched 1.67%, 7 basis points below Wednesday. Very strong US manufacturing data boosted growth expectations, with the Dow Jones rising by 1.2%. Japan’s Nikkei also rose by 0.6%. European indices grew similarly by about 0.6%.

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Strong US macro indicators boost equity returns

You might also read :

EUAs retreated amid profit taking and weak energy complex

Optimism after the PMIs and before the Fed & corporate earnings

OPEC likely to bring more supply given the Dubai market structure

Simplifying energy markets